Explore the Category

Insurance industry achieves growth despite tough economic conditions

20 November 2013

Despite the well documented fact that the insurance industry is under severe pressure during current economic conditions, the sector is experiencing admirable growth and will continue to do so as the public becomes more educated on products within the financial services industry.

Moonstone: Retail Distribution Review Update

19 November 2013

Background Up to the end of the previous century, regulation of financial services was by and large left in the hands of the industry itself. The advent of consumerism and money laundering, amongst others, and despite being strange bedfellows, led to more and more concerns about how matters were run in the industry, and led to the publication of the FAIS Act in 2002.

Golden opportunities available for independent brokers, writes Serge Mosime

11 November 2013

Sound financial advice is the cornerstone of growing our economy. Financial advisers who provide proper, relevant advice are able to build fulfilling careers, while helping their clients do great things with their money. This is especially important within the Mass Market segment of the population, who have been largely deprived of appropriate advice to help them build wealth and provide financial protection for their families and assets.

Right steps needed now to ensure future of independent broker industry

25 October 2013

The South African broker industry is facing a potential crisis as increasing numbers of broker professionals are leaving the industry or joining alternative models, and there is a marked decline in the number of newcomers. Unless the right steps are taken now, this situation does not bode well for the future of the independent broker industry, says Jacques Coetzer, general manager of Broker Distribution at Sanlam Personal Finance.

quick poll

Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

View the Results